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INSTITUTE OF REAL ESTATE MANAGEMENT OF THE NAT'L ASSN OF REALTORS

CHANDLER, AZ · EIN 510203840 · Form 990 · FY2022 · NTEE S47Z · Community Improvement · Small ($100K-$1M) · iremphx.org
revenue
$328K
expenses
$273K
net assets
$335K
employees
0
volunteers
15
mission · from form 990

TO PROVIDE EDUCATION TO MEMBERS OF THE REAL ESTATE INDUSTRY AND SCHOLARSHIPS TO THE MEMBERS AND THEIR FAMILIES.

profile · synthesized from sources

The Institute of Real Estate Management (IREM) is a professional association dedicated to advancing the real estate management industry through education, certification, and leadership development. It supports property managers and real estate professionals with training programs, industry resources, and networking opportunities. IREM offers globally recognized credentials such as the Certified Property Manager (CPM) and serves members across the United States and internationally.

named programs · 4 · from sources

what they call their work

CPM Certification Program
Professional certification program for property managers that includes education, experience, and ethics requirements to earn the Certified Property Manager designation
Diversity & Inclusion Succession Initiative (DISI)
Leadership development program for underrepresented groups in real estate management, offering mentorship, education, and networking at the national level
Economic Forecast Event
Annual event co-sponsored with CCIM chapters providing market outlooks and industry trends for commercial real estate sectors
IREM ASM Track
In-person education track preparing students for the Accredited Manager of Residential Properties (ARM) designation, taught by industry professionals
activities · 6 groups

what they do

  • Professional Development & Certification Programs 6 activities
    • Deliver property management education and training
      Offers classroom training, live webinars, and on-demand courses addressing real-world property and asset management challenges for professionals in commercial and residential sectors.
    • Professional Certification Programs
      Provides professional certifications such as CPM, ARM, ACoM, and AMO to facilitate career advancement for real estate management professionals.
    • Professional Training and Education
      Offers classroom training, live webinars, and on-demand courses covering real-world property and asset management challenges to support nearly 20,000 real estate management professionals.
    • Provide professional certifications in real estate management
      Offers career-advancing professional certifications including CPM (Certified Property Manager), ARM (Accredited Residential Manager), ACoM (Approved Community Manager), and AMO (Accredited Management Organization) to real estate management professionals.
    • Providing professional development and certification for real estate managers
      Offers classroom training, live webinars, on-demand courses, and professional certifications (CPM, ARM, ACoM, AMO) to nearly 20,000 real estate management professionals in commercial and residential sectors to support career advancement.
    • Providing professional development and certification for real estate managers
      Offers classroom training, live webinars, on-demand courses, and professional certifications (CPM, ARM, ACoM, AMO) to nearly 20,000 real estate management professionals in commercial and residential sectors to support career advancement.
  • Member-Focused Job Board & Career Matching 3 activities
    • Facilitating networking and job placement for real estate managers
      Provides a professional network for real estate managers and offers a free online platform for members to post real estate management job listings.
    • Facilitating networking and job placement for real estate managers
      Provides a professional network for real estate managers and offers a free online platform for members to post real estate management job listings.
    • Professional Networking and Career Support
      Maintains a professional network for real estate managers and offers a free online platform for members to post real estate management job listings.
  • Charity Golf Tournament 3 activities
    • Fundraising for Community Organizations
      Organizes events such as golf tournaments to raise funds for community organizations, including $10,000 for UMOM New Day Centers and $1,440 for St. Vincent de Paul.
    • Fundraising for charitable organizations
      Raises funds for non-profit organizations, such as raising $10,000 for UMOM New Day Centers through a golf tournament and $1,440 for St. Vincent de Paul through member donations.
    • Fundraising for community organizations
      Raises funds for non-profit organizations, such as raising $10,000 for UMOM New Day Centers through a golf tournament and $1,440 for St. Vincent de Paul through member donations.
  • Industry-Specific Awards Programs 3 activities
    • Hosting events and awards for real estate professionals
      Organizes various events such as luncheons, social gatherings, golf tournaments, and trade shows, and recognizes property management professionals through awards like the IREM Greater Phoenix Trailblazer Award.
    • Hosting events and awards for real estate professionals
      Organizes various events such as social gatherings, luncheons, golf tournaments, and trade shows, and recognizes property management professionals through awards like the IREM Greater Phoenix Trailblazer Award.
    • Industry Events and Recognition
      Hosts various events including luncheons, trade shows, and social gatherings, and recognizes property management professionals through awards like the IREM Greater Phoenix Trailblazer Award.
  • Commercial Real Estate Professional Events & Education 1 activity
    • Facilitate professional networking and career advancement
      Supports nearly 20,000 real estate management professionals through networking opportunities, a free online job board for members, and events that connect industry professionals to advance their careers.
  • Uncategorized 2 activities
    • Conduct fundraising for local charitable organizations
      Raised $10,000 for UMOM New Day Centers through a golf tournament and $1,440 for St. Vincent de Paul through member donations, supporting community nonprofits.
    • Host professional development and networking events
      Organizes local events such as "Lunch & Learn" sessions, industry trade shows, and award celebrations focused on topics like leadership, ADA compliance, and tenant trust and safety.
financials · form 990 · fy2022
revenue
Total revenue$328K
Contributions & grants$40K12%
Program service revenue$287K88%
Investment income$1K0%
Other revenue$-859
expenses
Total expenses$273K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$16K
Largest expense lineProfessional Fees
balance sheet
Total assets$391K
Cash$391K
Investments$0
Liabilities$57K
Net assets$335K
Liquid reserves17.2 mo
3 years on record · 2020–2022 · YoY revenue +17.2%
leadership · form 990 part vii · fy2022

who runs it

board members · 14
  • ANN BOOMSMA — DIRECTOR
  • BRENT PENROD — TREASURER
  • CARRIE TEMPLE — DIRECTOR
  • CHIANON MUTSIWEGOTA — DIRECTOR
  • DEBBIE MITTEN — DIRECTOR
  • DONNA OLCAVAGE — DIRECTOR
  • ED VALERIO — PRESIDENT ELECT
  • EDUARDO UGALDE — DIRECTOR
  • LAUREN LACASSE — DIRECTOR
  • MELISSA BOYLE — DIRECTOR
  • ROSALINDA BRIDGES — PAST PRESIDENT
  • TOM COUGHLIN — DIRECTOR
  • TYREL WILLIAMS — PRESIDENT
  • YVONNE CISMAN — DIRECTOR
relationships · 11

who they work with

  • Arizona Country Club Partner — Host venue for the IREM Phoenix luncheon event.
  • Greater Phoenix Chapter Partner — Companies support IREM through the Greater Phoenix Chapter.
  • IREM Foundation Network — Offers scholarships to individuals pursuing certifications through IREM
  • IREM Greater Phoenix Network — Local chapter providing membership and certification opportunities under the National Association of Realtors' Institute of Real Estate Management.
  • IREM Job Board Network — National job board resource for real estate management professionals and employers, referenced for national job searches.
  • MEB Management Services Partner — Collaborates with MEB for property management and industry leadership.
  • National Association of REALTORS® Partner — IREM is an affiliate organization of the National Association of REALTORS®.
  • Sons Electric Partner — Partnered for the IREM TAP and Sons Electric Golf Tournament.
  • St. Vincent de Paul Partner — Collaborated with members to raise funds for their services.
  • TAP and Sons Electric Partner — Co-organizer of the IREM TAP and Sons Electric Golf Tournament.
  • UMOM New Day Centers Partner — Partnered to raise funds through a golf tournament.